Construction

Masimba profits rise 15.7% in Q3

Tatenda Mazuruse Construction giant Masimba Holdings remained profitable in the quarter ending September with profit after tax in hyperinflationary terms at 15.7 percent from two percent recorded during the same period last year with the...

ICSAZ becomes member of international accounting body

The Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) has been admitted to the International Federation of Accountants (IFAC) as an associate member, only the second Professional Accountancy Organisation in Zimbabwe to become...
Tobacco

Tobacco land preparations behind schedule

Farai Mabeza Small-scale tobacco farmers are behind schedule in preparing their land for the cropping season with draught power shortages crippling activities although there are high expectations for an increase in hectares of around 10...

Afdis volumes up 28% in Q1, revenue up 15% on favourable sales mix

HARARE (FinX) – Afdis volumes in the three months to September 2020 grew 28% over the same period last year. This is despite the effect that the COVID-19 pandemic restrictions had in the quarter...
Demat

Chengetedzai increases collateral pledged to RBZ as new accounts rise

HARARE (FinX) – Chengetedzai Security Depository (CSD) has increased collateral security pledged to the Reserve Bank of Zimbabwe to ZWL $261 million from ZWL $70million, a figure which is above the daily...
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Red Cross, Nestle Zimbabwe fight COVID-19 in schools

Tawanda Marwizi The Zimbabwe Red Cross Society has joined hands with Nestle Zimbabwe in the fight against the spread of the COVID-19 pandemic in schools distributing Personal Protective Equipment (PPEs) in schools. Schools in Mashonaland Central...
TURNALL

Turnall in Q3 volumes recovery, expects higher demand in Q4

HARARE (FinX) Turnall Holdings reported an 11% growth in sales volumes in the third quarter to September as the group experienced increased demand for its products following the easing of the coronavirus lockdown restrictions. According...
Emirates will increase its flights between Harare Lusaka and Dubai to four times a week from February 6

From Harare to the world: How Emirates is reconnecting Zimbabwe to the world

Nasser Bahlooq In March 2020, COVID-19 became the biggest disruptor in modern travel history — closing borders, grounding planes, and restricting movement on a scale never seen before.
Caps Holdings

New board for CAPS Holdings

Staff Writer Government has appointed a new board for CAPS (PVT) Ltd with Nyaradzai Matondo, a pharmaceutical quality assurance specialist, leading the five-member board. The appointment, announced by the Ministry of Industry and Commerce, follows President...
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Special fares for Zimbabweans from Emirates

Staff Writer Emirates is giving travellers from Zimbabwe the opportunity to fly better to Dubai with a special offer for Business Class and Economy Class passengers. According to a statement, travellers from Zimbabwe planning a trip...